Bajaj Auto Limited
Long

BAJAJ_AUTO 1D Time frame

32
📊 Current Snapshot

Last Traded Price: ₹9,124.00

Day’s Range: ₹9,117.00 – ₹9,244.00

52-Week Range: ₹8,132.50 – ₹9,490.00

Market Cap: ₹2.54 lakh crore

Volume: 236,411 shares

VWAP: ₹9,186.50

📈 Trend & Indicators

Trend: Neutral to mildly bullish; trading above 20-day and 50-day EMAs.

RSI (14): 68.78 – Approaching overbought territory; caution advised.

MACD: Positive at +158.15 – Indicates bullish momentum.

Moving Averages: Short-term MAs indicate a neutral to bullish outlook.

🔮 Outlook

Bullish Scenario: Break above ₹9,244.00 with strong volume could target ₹9,350.00.

Bearish Scenario: Drop below ₹9,117.00 may lead to further decline toward ₹8,900.00.

Neutral Scenario: Consolidation between ₹9,117.00 – ₹9,244.00; breakout needed for directional move.

📌 Key Factors to Watch

Market Sentiment: Broader market movements can influence Bajaj Auto's performance.

Economic Indicators: Changes in interest rates or inflation can impact automotive stocks.

Company News: Any announcements regarding Bajaj Auto's financials or strategic initiatives.

Disclaimer

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